Income is< 5 lakh than return file for ay2011-12 is mandatoy

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Querist : Anonymous

Querist : Anonymous (Querist)

19 March 2014 IS THERE ANY NOTIFICATION OR RULE IN AY 2011-12 THAT INCOME TAX RETURN IS NOT MANDATORY IF TAXABLE INCOME IS LESS THAN 5,00,000

CA Siddhartha Bhardwaj (Expert)
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20 March 2014 Notification number 36/2011 dated 23/06/2011 exempts filing of return for AY 2011-12 subject to conditions mentioned therein.

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